Professor Brodie's belief that people are basically good and endowed with self-actualizing tendencies aligns with the humanistic psychology perspective.
Humanistic psychology emphasizes the inherent value and potential of individuals, focusing on their capacity for growth, self-determination, and self-actualization. It emphasizes the subjective experience, personal growth, and the importance of individual agency in shaping behavior and well-being.
Key proponents of humanistic psychology include Abraham Maslow and Carl Rogers. Maslow proposed a hierarchy of needs, suggesting that individuals strive for self-actualization, a state of personal fulfillment and realization of one's potential. Rogers emphasized the concept of unconditional positive regard and believed that individuals have an innate drive toward self-actualization and growth when provided with a supportive and accepting environment.
According to humanistic psychology, individuals are viewed as active agents in their own lives, capable of making choices, and striving for personal growth and fulfillment. It emphasizes the importance of self-awareness, self-acceptance, and personal responsibility in fostering psychological well-being.
In summary, Professor Brodie's belief in the inherent goodness and self-actualizing tendencies of people aligns with the humanistic psychology perspective, which places emphasis on individual agency, personal growth, and the pursuit of self-actualization.
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"Basta! Pasta" uses 400 packages of spaghetti (5 kg each) every month, and demand is steady throughout the year. "Basta! Pasta" signed a contract to purchase the spaghetti from a U.S. distributor for a price of $6 per package and $100 fixed cost for every delivery independent of the order size. "Basta! Pasta" incurs an inventory holding cost of 25 percent per year. At the moment, "Basta! Pasta" orders 1.000 packages of spaghetti at a time.
In this Capstone Project Part, you will have to apply your knowledge of Inventory Management basics.
An Italian producer offered "Basta! Pasta" a deal. "Basta! Pasta" can buy a year’s worth of spaghetti directly from Italy for $4 per package and a fixed cost for delivery of $1,000. If "Basta! Pasta" takes this deal, what would be the sum of its purchasing, ordering and holding costs per year? Should "Basta! Pasta" accept this offer or continue following the current practice (ordering 1,000 packages at a time)?
To decide whether 'Basta! Pasta' should accept the Italian producer's offer, we must compare the costs of purchasing, ordering, and holding under current practise with the costs associated with the new offer.
Current Procedure:
Purchase price per package: $6
Ordering costs $100 per order.
Annual holding cost per package: 25% of purchase price = 0.25 * $6 = $1.50
What are the fundamentals of inventory management?
Inventory management is concerned with the movement of goods into, through, and out of the warehouse. Demand planning, procurement, production, quality, fulfilment, warehousing, and customer service are all components of the supply chain that require inventory visibility.
Calculation of costs under the current practice:
Purchasing cost: (Total packages used per year) * (Purchasing cost per package) = (400 * 5) * $6 = $12,000
Ordering cost: (Number of orders per year) * (Ordering cost per order) = 2 * $100 = $200
Holding cost: (Total packages used per year) * (Holding cost per package per year) = (400 * 5) * $1.50 = $3,000
Total costs under the current practice:
Total costs = Purchasing cost + Ordering cost + Holding cost = $12,000 + $200 + $3,000 = $15,200
Therefore, the sum of purchasing, ordering, and holding costs per year is $12,000 under the new offer.
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I own a candy store in my country. I am free to choose the products I sell and I am able to complete against other stories using innovative ideas. After a white selection of candies are various prices what type of economic system does my country most likely utilize
Answer:
The country most likely utilizes a free market economy.
Explanation:
A free market economy is characterized by the price system: in this system, prices signal economic activity in order to coordinate the forces of supply and demand in order to reach a market equilibrium.
In a free market economy, competition is stiff because firms can freely enter and exit the markets, and this also influences the price of goods and services.
Firms try to out-compete other firms by improving production processes, innovating, and lowering costs.
How do supply and demand help determine the price of a product?
Answer:
if supply is low but demand is high the price will go up due to limited supply however if demand is low and supply is high the price will be lower because there is a surplus of supplies and not very many people buying it
Explanation:
Answer:
By creating a balance between buyers who want low prices and sellers who want high prices
Explanation:
Match the different allowances that are part of expatriate compensation packages (in the left column) with their descriptions (in the right column).Relocation allowancesEducation allowancesHardship allowances-They cover costs such as enrollment fees, books, supplies, transportation, school uniforms, tuition, room, and board.-They are designed to encourage expatriates to work in an area with a poor quality of life or in hazardous areas.-They usually include moving, shipping, and storage charges that are related to clothing, personal furniture, and other items that expatriates and their families will take to their new assignments.
An expatriate allowance (or “foreign provider premium”) is designed to inspire personnel to receive an venture overseas and is an incentive and now not designed to cowl a specific cost.
Its reason is to reward the willingness of personnel to relocate to every other country.
What are the most common allowances for expatriates?Mobility allowances are paid principally as an incentive to go on assignment. Companies often refer to them by means of choice names such as 'expatriate allowances' or 'foreign provider premiums'. The most common mobility allowance is 10%.
What are the four elements of expatriate compensation?The fundamental compensation items for expatriates contain base pay, cost-of-living adjustments, housing allowances, domestic leave, schooling assistance for dependents and premium pay.
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Answer:
Both the tax practioner and the assessee will be liable for penalties under IRS 6695(a)
Explanation:
When a tax preparer is paid to arrange the tax return of a client they must follow preparer due diligence laws.
This is the case when the preparer is trying to get a refund of earned income tax credit, child tax credit, American opportunity tax credit, or filing of head of household status.
The effect on the tax preparer's client include:
- refund of amounts collected in error because of wrong return
- a two year ban from claiming credits if error is due to recklessness
- a ten year ban if error is as a result of fraud
The consequences for the tax preparer includes:
- for each requirement not met a $500 penalty
- suspension from the IRS e-file
- a ban from tax preparations
- in cases of fraud criminal charges can be made
an hr executive of a company studies the effect of the size of project teams on the teams' performance. he finds that the team size is not associated with any particular change in performance. in the context of relationships between variables, what type of relationship exists between the size of project teams and their performance?
no relationship exists between the size of project teams and their performance
In which section of a research article would the author talk about the limitations of their study?discussion section
Whether these limitations are anticipated or not, and whether they are due to research design or to methodology, they should be clearly identified and discussed in the discussion section—the final section of your paper.
In which section of a research article would a reader find a summary of the entire project?Abstract. One-paragraph summary of the entire study – typically no more than 250 words in length (and in many cases it is well shorter than that), the Abstract provides an overview of the study.
Which section of a research article presents a brief summary of the major features of the study?An abstract summarizes, usually in one paragraph of 300 words or less, the major aspects of the entire paper in a prescribed sequence that includes: 1) the overall purpose of the study and the research problem(s) you investigated; 2) the basic design of the study; 3) major findings or trends found as a result
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John bought his house for $185,000. He sold it 6 years later for $230,000. What was his ROI (return on investment)? -19.56%
24.32%
19.57%
-24.32%
John's Return on Investment (ROI) was B. 24.32%.
What is the return on investment?The Return on investment (ROI) is a financial ratio that measures the benefit or gain made by an investor.
The ROI is computed by determining the profit or return and using this as a numerator over the investment cost. It is then expressed as a percentage.
Data and Calculations:Investment cost = $185,000
Sales proceeds after 6 years = $230,000
Returns = $45,000 ($230,000 - $185,000)
Return on investment = 24.32% ($45,000/$185,000 x 100)
Thus, John's Return on Investment (ROI) was B. 24.32%.
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The particular market segment your company is trying to sell your products or services to is your?
Answer:
Target market
Explanation:
Target market refers to the potential or existing customers that a business intends to sell its products or services. The target group is the group of people that a firm focuses on when creating its advertising messages.
A business identifies its target group through market research. The firm surveys the market to identify groups of people who are highly likely to buy its products and services.
Answer:
D
Explanation:
got it right on Edge
Has the comparative advantage in making guitars. has the comparative advantage in making violins.
Spain has the comparative advantage in making guitars, while Italy has the comparative advantage in making violins.
Comparative advantage is the ability of a country or individual to produce a particular good or service at a lower opportunity cost than another country or individual.Assuming the two countries in question are country A and country B, if country A can produce guitars at a lower opportunity cost than country B, then it has a comparative advantage in making guitars.On the other hand, if country B can produce violins at a lower opportunity cost than country A, then it has a comparative advantage in making violins.This means that it would be more efficient for country A to produce more guitars and for country B to produce more violins, and then they can trade with each other to benefit from the comparative advantage.The opportunity cost of producing a good is the value of the next best alternative forgone.
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Answer:
Annie's Music makes guitars while the music factory makes violins
Explanation:
edge 2023
Give an overview of the Key Performance Indicators (KPI) that your organisation uses in evaluating the performance of its suppliers
These Key Performance Indicators (KPIs) may vary based on the industry, organizational goals, and specific supplier relationships. Some commonly used KPIs in supplier performance evaluation are on-time delivery, quality performance, and financial stability.
On-time Delivery: This KPI measures the supplier's ability to deliver goods or services according to the agreed-upon schedule.
Quality Performance: This KPI evaluates the quality of the products or services provided by the supplier.
Financial Stability: This KPI assesses the financial health and stability of the supplier.
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5. Do a SWOT analysis for the business idea you chose in question 2 above. Describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea. (1-8 sentences. 4.0 points)
6. Make a list of at least 3 people you would want to give copies of your business plan to, and explain why you chose each of those people. (1-5 sentences. 3.0 points)
PART I
Answer:
The business idea is that of a Bakery that specializes in pastry that is mixed with fruits.
Explanation:
SWOT
Strengths
Unique Value Proposition which is healthier bread and cake recipes20 years experience in baking which translates to strong industry knowledgeWeaknesses
Insufficient Equipment to go withWeak or zero visibility for new businessOpportunities
Little or no competition as the recipes are unique to meHuge demand for healthier pastry especially in my current locationThreats
The industry is heavily regulated and may be shut down if there are compliance issuesOne competition that knows what they are doing and combines pastry with healthy drinks such as smoothies. We don't do smoothies.Part II
Answer:
The persons I would give the business plan to are:
My family An angel investor who I met on LinkedIn who supports small businesses and start-upsMy banker of over 20 yearsI would give the business plan to my family members because they are the easiest people to raise funds from and also because family, can decide to contribute in cash or in-kind with no interest required.I would give the business plan to an angel investor because their funds are cheaper than those of the banks though a little more difficult to come byBanks always have the funds but the funds come at a higher cost than the first two.Cheers
What are 3 reasons for having a checking account?
The major reason for having the checking account are financial safety, easy access to your funds, savings from check-cashing fees, and overall financial peace of mind.
Checking account:
In accounting, checking account is the type of bank account that allows you to easily deposit and withdraw money for daily transactions.
Given,
Here we need to find the 3 reasons for having a checking account.
Based on the given definition we know that the checking account is the that is perfectly suitable for the daily transactions actions.
Therefore, the reason behind the usage of checking account is listed as,
=> helps you manage your day-to-day finances, such as paying your bills,
=> receiving direct deposit of your paycheck, and
=> withdrawing cash from an ATM.
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QUESTION 6 of 10: If a stadium increases its profit margin from $350,000 to $750,000, what is the percentage increase in profit margin?
a) 14 percent
Ob) 21 percent
C) 114 percent
d) 214 percent
If a stadium increases its profit margin from $350,000 to $750,000, the percentage increase in profit margin is 114 percent.
What is profit margin?One of the often used profitability statistics to determine how profitable a business or line of business is is profit margin. It displays the proportion of sales that have generated profits.
Simply put, the percentage value represents the amount of profit the company made on each dollar of sales. For instance, if a company states that it had a 35% profit margin during the most recent quarter, that translates to $0.35 in net income for every $1 in sales.
Different profit margins come in different forms. However, in common usage, it typically refers to net profit margin, which is a company's bottom line after all other costs, such as taxes and one-time charges, have been deducted from revenue.
Therefore, If a stadium increases its profit margin from $350,000 to $750,000, the percentage increase in profit margin is 114 percent.
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Francois deposits $350.00 in a savings account. The account pays an annual interest rate of 4.3%. He makes no other deposits or withdrawals. After 3 months, the interest is calculated. How much simple interest did his money earn?
Answer:
$3.7625
Explanation:
Simple interest is calculated as
Interest = P x r x t
Where
p = principal amount.. $350
r= interest rate: 4.3% or 0.043
t= time in years: 3 months or 3/12 =0.25 years
Interest = $350 x 0.043 x 0.25
=$3.7625
Explain the difference between secured and unsecured bonds. All else equal, which of the two would you expect to have a higher credit rating and why? What are an investor’s expectations when purchasing a zero coupon bond. Please explain your response incorporating how the bond’s sensitivity factors into this decision.
Investors purchasing zero coupon bonds expect to earn a return through the bond's discounted purchase price and its appreciation to face value at maturity, taking into account the bond's sensitivity to changes in interest rates.
Secured bonds and unsecured bonds are two types of debt securities issued by companies or governments to raise capital. The main difference between the two lies in the presence or absence of collateral backing the bonds.
1. Secured Bonds: Secured bonds are backed by specific assets or collateral that serve as a form of security for bondholders. If the issuer defaults on its payments, bondholders have a claim on the specified assets to recover their investment. Examples of secured bonds include mortgage bonds, asset-backed securities, and collateralized loan obligations.
2. Unsecured Bonds: Unsecured bonds, also known as debentures, are not backed by any specific collateral. Bondholders rely solely on the creditworthiness and general assets of the issuer to repay the principal and interest. In case of default, unsecured bondholders have a claim on the issuer's general assets, but they are not entitled to any specific collateral.
Credit Rating: All else being equal, secured bonds tend to have higher credit ratings than unsecured bonds. This is because secured bonds offer an extra layer of protection to bondholders through the collateral backing. In the event of default, the presence of collateral increases the likelihood of recovering the investment, reducing the risk for bondholders. Credit rating agencies take this additional security into account when assigning ratings, resulting in higher ratings for secured bonds.
Zero Coupon Bonds: Zero coupon bonds are bonds that do not pay periodic interest (coupon payments) during their term. Instead, they are issued at a discount to their face value and provide the investor with a lump-sum payment at maturity. Investors purchasing zero coupon bonds have the expectation of earning a return through capital appreciation.
Sensitivity: The sensitivity of a bond refers to its responsiveness to changes in interest rates. Zero coupon bonds tend to have higher sensitivity to interest rate changes compared to coupon-paying bonds. This is because zero coupon bonds are typically long-term bonds with no cash flows until maturity, making their present value highly sensitive to fluctuations in interest rates. Therefore, investors purchasing zero coupon bonds should consider the potential impact of interest rate movements on the bond's value and the potential for capital gains or losses.
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the phase of the business cycle in which real gdp declines is called: group of answer choices a recession. the trough. an expansion. the peak.
The correct answer is "a recession." The phase of the business cycle in which real GDP declines is referred to as a recession.
During a recession, economic activity contracts, leading to a decrease in output, employment, and income. It is characterized by a sustained period of economic decline and is typically accompanied by factors such as reduced consumer spending, decreased investment, and a slowdown in business activity. The opposite phase, in which real GDP increases, is called an expansion. The trough represents the lowest point of the recession, while the peak is the highest point of the expansion.
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How does the Better Business Bureau effect the economy?
Answer:
Varies
Explanation:
It helps people find businesses that are trustworthy.
What is the expected return and standard deviation for the minimum-variance portfolio of the two risky funds? A pension fund manager is considering three mutual funds: the first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 4.6%. The probability distributions of the risk funds are: Stock Fund (S) Expected Return, 16%, Standard Deviation, 36%; Bond Fund (B) Expected Return, 7%, Standard Deviation, 30%. The correlation between the fund returns is .0800. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
The minimum-variance portfolio of the two risky funds has an expected return of 8.47% and a standard deviation of 25.16%.
To find the expected return and standard deviation of the minimum-variance portfolio of the two risky funds, we need to follow these steps: Calculate the portfolio variance. The formula for portfolio variance is
I²p = w₁² I₁² + w₂²I₂² + 2w₁w₂I₁I₂I₁₂ , where w₁ and w₂ are the weights of the two funds, σ1 and σ2 are the standard deviations of the returns of the two funds, and ρ12 is the correlation coefficient between the returns of the two funds.
Using the given data, we can calculate the portfolio variance as: Calculate the weights of the two funds: To find the weights of the two funds, we need to set the derivative of the portfolio variance with respect to w1 equal to zero and solve for w₁:w₁ = (I₂² - I₁₂I₁I₂) / I₁² + I₂² - 2I₁₂I₁I₂)
Using the given data, we can calculate the weights as: Calculate the expected return of the minimum-variance portfolio: The expected return of the minimum-variance portfolio can be calculated as: E(r p) = w₁ E(r₁) + w₂ E(r₂) Using the given data, we can calculate the expected return as:
E(rp) = 0.3296 *16
Calculate the standard deviation of the minimum-variance portfolio: The standard deviation of the minimum-variance portfolio can be calculated as:
Ip = a( I²p)
Using the calculated portfolio variance from step 1, we can calculate the standard deviation as:
Ip = a( 0.0634416) =25.16
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had sales of $43,847, interest expense of $2,840, cost of goods sold of $14,384, selling and administrative expense of $10,531, and depreciation of $4,530. if the tax rate was 21 percent, what was the company's net income?
To find the net income of the company, we need to subtract all the expenses from the sales and then apply the tax rate.
Sales = $43,847
Cost of goods sold = $14,384
Selling and administrative expense = $10,531
Depreciation = $4,530
Interest expense = $2,840
To find the total expenses, we add all these values together:
Total expenses = $14,384 + $10,531 + $4,530 + $2,840 = $32,285
Now we can find the net income by subtracting the total expenses from the sales:
Net income before taxes = $43,847 - $32,285 = $11,562
To find the net income after taxes, we need to apply the tax rate of 21%:
Net income after taxes = $11,562 * 0.79 = $9,136.98
Therefore, the company's net income after taxes was $9,136.98.
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7.5 MARKS During the year ended June 30,2021 , Baber Limited (BL) has carried out several transactions with the following individuals/entities, which of the following is the related-party of Baber Limited (BL) within the scope of IAS 24? Give brief explanation to your answer. (i) AK Associates provides information technology services to BL. One of the directors of BL is also the partner in AK Associates. (ii) Mr. Zee who supplies raw materials to BL, is the brother of the Chief Executive Officer of the company. (iii) Mr. Tee is the General Manager-Marketing of BL and is responsible for all major decisions made in respect of sales prices and discounts. (iv) Ms. Vee who conducted various training prograrns for the employees of the company, is the wife of BL's Chief Executive Officer. (v) JB Limited is the distributor of BL's products and have exclusive distribution rights for the province of Amman.
Among the given options, the related party of Baber Limited (BL) within the scope of IAS 24 is option (ii) Mr. Zee, who supplies raw materials to BL and is the brother of the Chief Executive Officer of the company.
Explanation: According to IAS 24 - Related Party Disclosures, a related party is defined as any person or entity that has the ability to control or exercise significant influence over the reporting entity, or with which the reporting entity has close family ties or other close relationships. In this case, Mr. Zee, being the brother of the Chief Executive Officer, has a close family tie with BL, and as a supplier of raw materials, he is considered a related party.
The other options do not qualify as related parties within the scope of IAS 24:
- Option (i) AK Associates: While there is a director of BL who is also a partner in AK Associates, this alone does not establish a close family tie or significant influence between the entities.
- Option (iii) Mr. Tee: Although Mr. Tee holds a significant position in BL as the General Manager-Marketing and is responsible for major decisions, this does not create a close family tie or a relationship that falls within the definition of a related party.
- Option (iv) Ms. Vee: While Ms. Vee is the wife of BL's Chief Executive Officer, her role as a trainer conducting various training programs does not indicate significant influence over the reporting entity.
- Option (v) JB Limited: JB Limited is a distributor of BL's products and has exclusive distribution rights, but there is no indication of close family ties or significant influence between the two entities.
Therefore, based on the given information, Mr. Zee, who supplies raw materials and is the brother of the Chief Executive Officer, is the related party of Baber Limited (BL) within the scope of IAS 24.
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Which of the following types of exposure threaten patient information? Check all that apply.
transmission
disclosure
interception
interference
Answer:
.-.
Explanation:
Answer:
It's B: disclosure, C: interception, D: interference
Explanation:
On EDG2020
√96+√200-√10000 can anyone please answer this
Answer:
-76.0599054051
What is TRUE about the prevalence of diversity in the modern workplace?
Diversity in the workplace has continued to increase.
Diversity in the workplace has continued to decrease.
Diversity in the workplace has shown no increase or decrease.
There is no data to track diversity in the workplace.
In summary correct option for this question is Diversity in the workplace has continued to increase.
Why is it?
There has been a growing recognition among organizations of the importance of diversity and inclusion in the workplace. With increased awareness, companies have made efforts to increase the representation of diverse individuals among their employees.
This has resulted in a trend towards increasing diversity in the workplace over the past few decades. Diversity in the workplace refers to the representation of people from different backgrounds, including race, ethnicity, gender, age, sexual orientation, religion, and more.
Having a diverse workforce can lead to many benefits, including increased creativity, innovation, and problem-solving abilities, as well as greater employee engagement and job satisfaction
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Compared to digital goods, traditional goods have:
Compared to traditional goods, digital goods have: lower distribution costs.
What are digital goods?
Any goods that are sold, delivered, and transferred digitally are referred to as digital goods. Media files, such as music files, video files with movies or television shows, branded multimedia files, and other similar products, are among the most prevalent examples of digital goods.
Problems with digital goods:
The protection of intellectual property is one of the main problems with digital goods. Producers and distributors must ensure that digital goods are packaged in technologies that are largely resistant to piracy or illegal sharing because they are sold in such a flexible and transferable format.
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WILL GIVE BRAILIEST
Zander is beginning to take college courses to prepare for a career in computer science, which is the study of using logic to create new and improved computer programs. He just finished a class that covered skills for using certain computer programs, but was not required for a degree.
What did Zander take steps to improve by taking this class?
A. career definition and career requirements
B. career requirements and current status
C. current status and intermediate goals
D. intermediate goals and career definition
Answer:
current status and intermediate goals
Explanation:
Arrange the following revenues in the federal government, from greatest to
least.
Drag each item to put them in the correct order.
(2 points)
= excise taxes
= Social Security and Medicare taxes
= corporate income taxes
= individual income taxes
= customs duties
= miscellaneous revenue
If left uncontrolled the high blood pressure can cause 1. Kidney disease 2. Heart failure 3. Stroke 4. All of above
If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.
What is high blood pressure?High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.
Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.
If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.
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Franklin Inc., an apparel manufacturer based in Scotland, opened a new store in the United States. Franklin's designs were well received by consumers in the host country. However, the firm incurred very high expenses due to the expensive rents and the higher costs of labor. Also, there was a hike in the price of fuel in the United States. This led to increased expenditures on the transportation of goods. This indicates that Franklin Inc. had serious issues in the United States due to poor: Group of answer choices
Answer:
Economic conditions
Explanation:
Since in the question it is mentioned that the firm would incurred greater amount of expenses because of the expensive rents and the labor cost also their would be increase in the fuel price due to this it would increase the expenditure on the transportation so here the serious issues would be with the economic conditions as the price expenses denotes the economics
Therefore it represent the economic conditions
According to scott, the coo of barcelona restaurant group, employees are given the opportunity and freedom to achieve organizational goals through a variety of different approaches, tasks, and decisions, based on the situation. this is most consistent with the:
Complete Question:
According to Scott, the COO of Barcelona Restaurant Group, employees are given the opportunity and freedom to achieve organizational goals through a variety of different approaches, tasks, and decisions, based on the situation. This is most consistent with the:
Group of answer choices
A. Systems approach to management.
B. Behavioral perspective of management.
C. Classical perspective of management.
D. Contingency approach to management.
Answer:
D. Contingency approach to management.
Explanation:
According to scott, the coo of barcelona restaurant group, employees are given the opportunity and freedom to achieve organizational goals through a variety of different approaches, tasks, and decisions. Based on the situation, this is most consistent with the contingency approach to management.
A contingency approach to management is based on the theory or premise that, there are no universal or single management theories. Thus, management theories should not be dependent on one single approach and as such the most effective management theory depends on the situation, kind of problems that the various organizations or managers are facing at a specific period of time and place.
Hence, in the contingency approach to management; the effectiveness of management is based on the situation and the management behaviors that is most appropriate.
Answer:
contingency approach to management.
Explanation:
This is most consistent with the contingency approach to management. The contingency approach to management clearly states that there are no universal management theories and that the most effective management theory or idea depends on the kinds of problems or situations that managers or organizations are facing at a particular time and place.
Explain two ways in which mohammad could increase added value
The 2 ways in which where Mohammed could increase the added value of his company includes:
He could introduce new products and could modernize appearance and equipment in his coffee shop.He could start making cakes and pastries for special occasions like birthdays and weddings.What is an Added value?It refers to the profit that stays in the company as a difference between the total amount earned from sales and the total amount spent for production.
If such company's expenses for each product or service are higher then its price, then it is not going to have any added value. For instance, when company sells postcards for 5 dollars. In the same time, costs for making one postcard are 3 dollar. Added value = = 5 dollar - 3 dollar = 2 dollar.
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